FALIANGA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FALIANGA
Largest movements
- Tangible fixed assets +€34,549
up €34,549 (+27.5%), from €125,658 to €160,207
of which Furniture and vehicles: +€51,003
- Cash +€21,323
up €21,323 (+56.4%), from €37,807 to €59,130
mainly Net result for the year (+€35,323) and Depreciation (+€32,738)
- Stocks and contracts +€4,697
up €4,697 (+3.8%), from €124,090 to €128,787
- Trade debts -€36,094
down €36,094 (-26.3%), from €137,014 to €100,920
- Profit (loss) carried forward +€35,323
up €35,323 (+70.0%), from -€50,491 to -€15,168
- Debts after one year +€27,409
up €27,409 (+40.2%), from €68,209 to €95,618
- Other debts +€20,990
up €20,990 (+3,657%), from €574 to €21,564
- Current portion of long-term debt +€10,388
up €10,388 (+50.3%), from €20,670 to €31,058
- Staff costs -€35,645
down €35,645 (-17.1%), from €208,015 to €172,370
- Gross operating margin -€20,070
down €20,070 (-7.1%), from €283,688 to €263,618
- Depreciation +€7,517
up €7,517 (+29.8%), from €25,221 to €32,738
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,135 | €363,751 | +€56,616 | +18.4% |
| Formation expenses | 20 | €4,700 | €1,498 | -€3,202 | -68.1% |
| Fixed assets | 21/28 | €125,658 | €160,207 | +€34,549 | +27.5% |
| Tangible fixed assets | 22/27 | €125,658 | €160,207 | +€34,549 | +27.5% |
| Plant, machinery and equipment | 23 | €89,316 | €72,862 | -€16,454 | -18.4% |
| Furniture and vehicles | 24 | €36,342 | €87,345 | +€51,003 | +140% |
| Current assets | 29/58 | €176,777 | €202,045 | +€25,268 | +14.3% |
| Stocks and contracts in progress | 3 | €124,090 | €128,787 | +€4,697 | +3.8% |
| Stocks | 30/36 | €124,090 | €128,787 | +€4,697 | +3.8% |
| Amounts receivable within one year | 40/41 | €12,146 | €12,803 | +€657 | +5.4% |
| Trade receivables | 40 | €10,245 | €12,751 | +€2,506 | +24.5% |
| Other amounts receivable | 41 | €1,901 | €52 | -€1,849 | -97.3% |
| Cash at bank and in hand | 54/58 | €37,807 | €59,130 | +€21,323 | +56.4% |
| Deferred charges and accrued income | 490/1 | €2,734 | €1,325 | -€1,409 | -51.5% |
| Total equity and liabilities | 10/49 | €307,135 | €363,751 | +€56,616 | +18.4% |
| Equity | 10/15 | €30,484 | €65,806 | +€35,322 | +116% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Contributions outside capital | 11 | - | €25,000 | +€25,000 | |
| Other | 1109/19 | - | €25,000 | +€25,000 | |
| Reserves | 13 | €55,975 | €55,974 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,181 | €4,181 | -€0 | 0.0% |
| Distributable reserves | 133 | €49,294 | €49,294 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€50,491 | -€15,168 | +€35,323 | +70.0% |
| Amounts payable | 17/49 | €276,651 | €297,945 | +€21,294 | +7.7% |
| Amounts payable after more than one year | 17 | €68,209 | €95,618 | +€27,409 | +40.2% |
| Financial debts | 170/4 | €68,209 | €95,618 | +€27,409 | +40.2% |
| Amounts payable within one year | 42/48 | €206,657 | €197,887 | -€8,770 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €20,670 | €31,058 | +€10,388 | +50.3% |
| Financial debts | 43 | €11,884 | €6,553 | -€5,331 | -44.9% |
| Credit institutions | 430/8 | €11,884 | €6,553 | -€5,331 | -44.9% |
| Trade debts | 44 | €137,014 | €100,920 | -€36,094 | -26.3% |
| Suppliers | 440/4 | €137,014 | €100,920 | -€36,094 | -26.3% |
| Taxes, remuneration and social security | 45 | €36,515 | €37,792 | +€1,277 | +3.5% |
| Taxes | 450/3 | €283 | €9,367 | +€9,084 | +3,210% |
| Remuneration and social security | 454/9 | €36,232 | €28,424 | -€7,808 | -21.5% |
| Other amounts payable | 47/48 | €574 | €21,564 | +€20,990 | +3,657% |
| Accrued charges and deferred income | 492/3 | €1,785 | €4,440 | +€2,655 | +149% |
| Remuneration, social security and pensions | 62 | €208,015 | €172,370 | -€35,645 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,221 | €32,738 | +€7,517 | +29.8% |
| Other operating charges | 640/8 | €2,383 | €3,541 | +€1,158 | +48.6% |
| Gross operating margin | 9900 | €283,688 | €263,618 | -€20,070 | -7.1% |
| Operating profit (loss) | 9901 | €48,069 | €54,969 | +€6,900 | +14.4% |
| Financial income | 75/76B | €39 | €8 | -€31 | -80.1% |
| Recurring financial income | 75 | €39 | €8 | -€31 | -80.1% |
| Financial charges | 65/66B | €15,528 | €16,908 | +€1,380 | +8.9% |
| Recurring financial charges | 65 | €15,528 | €16,908 | +€1,380 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €32,580 | €38,068 | +€5,488 | +16.8% |
| Income taxes | 67/77 | €295 | €2,746 | +€2,451 | +831% |
| Profit (loss) for the period | 9904 | €32,285 | €35,323 | +€3,038 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,285 | €35,323 | +€3,038 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.